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Saving for an MBA and house deposit
Mel1
Posts: 3 Newbie
Here's my situation - I'm an expat in Vietnam (originally from the UK), have been reading the forums for a while and find them really helpful. I have no debt but also own no property. Right now I can save about £900 a month. I've just started an MBA which I need to get to the next level, and almost everything is going towards that. I want to buy a flat in the UK to rent out in the next few years - my pension is fairly healthy but I don't want to wait to 65 to retire. I want to own a house in Greece by the time I'm 50 (11 years away) then I can work 6 months a year with additional income from the rental flat. Within 2 years I expect to earn enough to save £2000 a month.
I need to save:
£16,000 in 2 years for my MBA (£4,000 paid already)
£20,000 in 3 years for rental flat deposit
After that I will start saving for a house to live in, probably in Greece, where I will live 6 months of the year and work abroad the rest.
It'll be doable if I stay focused, I think posting will help! I don't see many people on the forums my age and saving for a house but debt free?
I need to save:
£16,000 in 2 years for my MBA (£4,000 paid already)
£20,000 in 3 years for rental flat deposit
After that I will start saving for a house to live in, probably in Greece, where I will live 6 months of the year and work abroad the rest.
It'll be doable if I stay focused, I think posting will help! I don't see many people on the forums my age and saving for a house but debt free?
0
Comments
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And very much hoping that my company will kick in some money towards my MBA so the final cost will be much lower!0
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Did you have a question ?
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